MBM RESOURCES BHD

KLSE (MYR): MBMR (5983)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

5.88

Today's Change

-0.16 (2.65%)

Day's Change

5.85 - 6.10

Trading Volume

585,500


3 people like this.

2,429 comment(s). Last comment by c328 1 week ago

DividendGuy67

1,125 posts

Posted by DividendGuy67 > 2024-06-07 14:59 | Report Abuse

Wow. 5.39 high so far and still solid. Can't do anything with current holdings, just keep holding. In the past IB claimed unclear, peak earnings etc to entice selling but anyone who followed to sell will be regretting. This company turned around from high net debt to positive net cash by FYE 2018. And the Net Cash keeps growing and growing. Management has done a great job so far. Just this quarter alone, net cash grew by 25 million in 1 quarter, or 100m expected if annualized. The last 12 months earnings is reported to be 86 sen. Total dividends paid out last year including special dividends is only 39 sen. At 39 sen, the dividend yield when divide by my cost price of 3.50 is already 11% dividend yield on cost i.e. I will never sell this company as long as its fundamentals remain intact as there is no where else that I can deploy that money that pays me such a high dividend yield. Best to do nothing and just enjoy the ride. Thank-you Mr Market!

goldenhope

304 posts

Posted by goldenhope > 2024-06-07 16:59 | Report Abuse

Possible Perodua IPO ?

sasword

1,169 posts

Posted by sasword > 2024-06-07 17:42 | Report Abuse

epf black money almost done washed, later the price will collapse

geary

6,400 posts

Posted by geary > 2024-06-07 20:42 | Report Abuse


geary
MBMR Monthly Positive Pivot Point Momentum!
S1: 4.60.
PIVOT: 4.90.
R1: 5.40.(Matched)
R2: 6.20.(Coming Soon)
R3: 7.10.
Fair Value range...#6.20/7.20!?
Mr. Market is Unpredictable!
Dis: Trade at your own Risk!
1 month ago

Posted by SeekUndervalued > 2024-06-07 20:53 | Report Abuse

@Geary, S1 means support 1? What does PIVOT means? I don't really use TA for stock buying... Would you mind to enlighten me? Thanks.

geary

6,400 posts

Posted by geary > 2024-06-09 10:00 | Report Abuse

SeekUndervalued
@Geary, S1 means support 1? What does PIVOT means? I don't really use TA for stock buying... Would you mind to enlighten me? Thanks.
1 day ago

Are u a swing traders or value Investor?
It's for traders, it depends on your holding strength...days, months n 52 weeks.
PIVOT is an inflection point...the highest n the lowest price... within a range...like #52Weeks...plus average closing price. Divided by 3.
It's rather a range...or approximately pivoting point.
U have to judge the business catalyst...bullish or bearish.
Anyway...Mr. Market is unpredictable.
Good luck🤓

c328

54 posts

Posted by c328 > 2024-06-26 16:35 | Report Abuse

If the EV trend fades, with possibly 3 out of 10 cars being EVs, 4 out of 10 being petrol cars, and 6 out of 10 being other or future car types, MBMR's business could still thrive. This assumes people continue to prefer driving over walking, Malaysians still need fuel-efficient cars (pro2), especially if R95 petrol prices rise.

zzprozaz

193 posts

Posted by zzprozaz > 2024-07-10 08:14 |

Post removed.Why?

c328

54 posts

Posted by c328 > 2024-07-16 23:32 | Report Abuse

trump support petrol car, trend will be go to mbmr

cheeseburger

2,895 posts

Posted by cheeseburger > 2024-07-17 12:36 | Report Abuse

time to run, before too late.

cheeseburger

2,895 posts

Posted by cheeseburger > 2024-07-20 21:07 | Report Abuse

why is this a big news? Perodua EV everyone knows....Proton also coming to launch their EV.

mf

29,671 posts

Posted by mf > 2024-08-03 03:19 | Report Abuse

Europe stocks close 2.8% lower, extending losses after weaker-than-expected U.S. jobs report

keonkx

22 posts

Posted by keonkx > 2024-08-12 15:35 | Report Abuse

Up 14 cents now, highest 5.53. Gogo perodua

keonkx

22 posts

Posted by keonkx > 2024-08-19 12:11 | Report Abuse

Rocketing again.. gogo mbmr

yilonma

24 posts

Posted by yilonma > 2024-08-19 16:29 | Report Abuse

dividend announcement soon. looks like its gonna be a good one

Posted by keithtrade > 2024-08-19 19:30 | Report Abuse

Yes if Q2 results are good along with a high or special dividend there should be some more upside.

planta2

83 posts

Posted by planta2 > 2024-08-21 09:35 | Report Abuse

Regret selling too early last time

keonkx

22 posts

Posted by keonkx > 2024-08-27 14:57 | Report Abuse

Listed company has two months from their end of financial years/ quarter to report their quarter results. MBMR latest quarter should end on 30/6, so i suppose MBMR has until 30/8 to report their quarter result?

iscmob

94 posts

Posted by iscmob > 2024-08-28 22:43 | Report Abuse

Results and dividend declared

sg999

1,835 posts

Posted by sg999 > 2024-08-29 00:41 | Report Abuse

Tmr gap down..run...

Posted by keithtrade > 2024-08-29 07:18 | Report Abuse

Good result along with a 6 sen dividend plus yet another 10vsen special dividendv😃
MBMR still my favourite share!

keonkx

22 posts

Posted by keonkx > 2024-08-29 10:32 | Report Abuse

New high with 20 cents up now… and sg999 said gap down… funny

sg999

1,835 posts

Posted by sg999 > 2024-08-29 11:05 | Report Abuse

Glad that not gap down and let me take profit. Can makan roti canai oledi

Posted by multi-bagger > 2024-08-29 16:02 | Report Abuse

some people like to make small trades eat roti canai, some people collect 5 figure dividends. I guess you have to decide who you wanna be like

keonkx

22 posts

Posted by keonkx > 2024-08-29 18:06 | Report Abuse

multi-bagger agree. Not investing for roti canai either

geary

6,400 posts

Posted by geary > 2024-08-29 19:44 | Report Abuse

MBMR Monthly Pivot Points Momentum!
S1: 4.80.
PIVOT: 5.10.
R1: 5.50.
R2: 5.90.(Sold...#50%).
Dis: Buy/Hold at your own Risk!
Hold for DY/BY. My Cost of Capital Employed...@2..00🤞
3 weeks ago

sg999

1,835 posts

Posted by sg999 > 2024-08-30 01:20 | Report Abuse

I sold it because i traded on MBMRC4 call warrant which give me about 30% gain, earning 5 figures cannot eat roti canai? funny...and the most crucial point is the QR and special dividend is below my expectations. If you had observed the special dividend has been decreased compared to last year. Most worry is the market sentiments, luckily MBMR do not gap down on morning. Good luck to all MBMR investor. God bless you.

Posted by keithtrade > 2024-08-30 08:47 | Report Abuse

I sold 75% of mine yesterday. This counter has been very good to me over the past few years with bumper dividends. I notice most analysts target price are well beloz the current price of 4.90 so decided its time to take some profit but will leep my remaining MBMR shares for the time being at least.

keonkx

22 posts

Posted by keonkx > 2024-09-02 10:08 | Report Abuse

6.11… new high

keonkx

22 posts

Posted by keonkx > 2024-09-25 15:41 | Report Abuse

Up again omo + the dividend, really earn alot

turbochart

482 posts

Posted by turbochart > 2024-09-30 15:21 | Report Abuse

Hilux used for climb hill lar, not for racing!! JPJ pls Tangkap

turbochart

482 posts

Posted by turbochart > 2024-09-30 17:49 | Report Abuse

Ban hilux ban lorry and heavy vehicle at highway!!

turbochart

482 posts

Posted by turbochart > 2024-10-18 14:53 | Report Abuse

EV Tesla 200k. Malaysia gov got any profit? Or 200k all throw to USA?

keonkx

22 posts

Posted by keonkx > 2024-10-18 16:25 | Report Abuse

Easily up up up hiehie keep going up

keonkx

22 posts

Posted by keonkx > 1 month ago | Report Abuse

0.29 cents dividend

dawchok

634 posts

Posted by dawchok > 1 month ago | Report Abuse

Hard to understand why MBMR can distribute so much dividend each year. Though this year the div will drop to the normal level, who knows Durian Runtuh again. Thks MBMR.

keonkx

22 posts

Posted by keonkx > 1 month ago | Report Abuse

Mbmr PBT % keep going up and up. No reason for reducing dividend for now. Somemore MBMR is super cash rich

Sami_Value

435 posts

Posted by Sami_Value > 1 month ago | Report Abuse

one of the wonder counter of the year

Posted by nsyeik142857 > 1 month ago | Report Abuse

Last year total dividend 54 sen, special dividend 27 sen, the ratio of normal dividend and special dividend is 27 :27

This year up to date, special dividend declared 10+22=32 sen, full year total dividend could be 64 sen, final dividend could be 64-45 =19 sen

iscmob

94 posts

Posted by iscmob > 1 month ago | Report Abuse

EMO-II ... CATL
https://www.youtube.com/watch?v=rvbBGjdi89U

keonkx

22 posts

Posted by keonkx > 1 month ago | Report Abuse

Wah so pretty the new ev model 😍

keonkx

22 posts

Posted by keonkx > 1 month ago | Report Abuse

thanks for sharing!

Posted by Happy Investing > 1 month ago | Report Abuse

why MBMR share price keep dropping?

keonkx

22 posts

Posted by keonkx > 3 weeks ago | Report Abuse

November car sale volume drop yoy & mom. This is however expected, as total tiv are expecting to drop. Now all eyes on the launching of ev next year end

dawchok

634 posts

Posted by dawchok > 2 weeks ago | Report Abuse

Big Thank You to MBMR for bringing in very high div and significant profit in 2024

c328

54 posts

Posted by c328 > 1 week ago | Report Abuse

Nvidia announces tie-up with Toyota: https://theedgemalaysia.com/node/740093
another credit to MBMR 👍

Post a Comment